Turbo (TURBO/USDT) - 15min Chart Analysis
Date: April 27, 2025 | Timeframe: 15M
Current Price: 0.005374 USDT (+20.25%)
24h Range: 0.004402 – 0.005969
Volume (24h): 11.5B TURBO
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Market Overview:
Turbo has shown a strong intraday recovery with a notable 20% price increase. After testing support around 0.00510, bulls regained momentum, pushing price back above the 0.00535 region.
Technical Indicators:
SAR (Parabolic Stop and Reverse): Currently positioned below price candles, signaling an ongoing short-term bullish trend.
MACD: Slight bullish crossover observed; histogram turning positive, suggesting increasing bullish momentum.
Order Book:
Bid Side: 63.25% dominance
Ask Side: 36.75%
Indicates strong buying interest at current levels.
Support and Resistance:
Immediate Support: 0.005248
Immediate Resistance: 0.005609
Major Resistance Zone: 0.005787 – 0.005969
Momentum Analysis:
Today’s price action is slightly negative (-2.63%), but the 7-day and 30-day gains (+162.87% and +115.09% respectively) reflect strong mid-term bullish sentiment.
Watch for a potential breakout above 0.00560 to confirm continuation towards 0.0060.
Key Strategy:
Bullish Bias: Favorable for short-term buy setups above 0.00537 with a tight stop below 0.00525.
Bearish Scenario: Failure to hold 0.00525 could lead to retest of 0.00510 zone.
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